ICAP appoints new operations chief

30 May 2005

Mark Yallop has been appointed group chief operating officer at ICAP from 1 July. He will also be appointed a director of the interdealer broker at the firm's board meeting on 13 July.

Yallop takes over from...

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“The introduction of these contracts to trading represents a new stage in developing the Russian market in fixed income instruments as in essence futures on federal bonds are derivatives on long-term interest rates.”

Evgeny Serdyukov, director of F&O at RTS